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Commercial listings / Investment / For sale

697 Hale Street, London East, ON N5W 1J1

$1,499,900

697 Hale Street, London East, ON N5W 1J1, photo 1697 Hale Street, London East, ON N5W 1J1, photo 2697 Hale Street, London East, ON N5W 1J1, photo 3697 Hale Street, London East, ON N5W 1J1, photo 4697 Hale Street, London East, ON N5W 1J1, photo 5697 Hale Street, London East, ON N5W 1J1, photo 6
Property type
Investment
Transaction
For sale
Location
London East, Middlesex
Building area
6,171 Square Feet
Lot size
0.11 Feet
MLS® number
X13676564

Description

ATTENTION INVESTORS: Fully renovated turn-key 8-unit mixed use building plus unfurnished basement. Seven residential suites - 3 bachelor, 2 one-bedroom, 2 two-bedroom - over a ground floor commercial pizza store. Every residential unit has been completely renovated: new flooring, paint, doors, kitchens, bathrooms and appliances. In-suite laundry in units 4 & 5. Major works completed 2026: new steel roof, new steel vents, new exterior lighting throughout, new windows with protectors, new concrete sidewalk, and new vapor barrier through the basement wall. All seven residential units and one commercial unit are vacant with immediate possession - the buyer sets market rent from day one with no inherited tenant issues. Projected gross scheduled income of $132,960 annually based on current market rents. Unfinished basement includes multiple storage areas plus a bathroom rough-in - unpriced upside. Parking at the rear can fit 7 cars at a time. Corner exposure at Dundas & Hale St. Nothing left to do but lease it up!

Listing brokerage: RIGHT AT HOME REALTY

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